The EURUSD gets the positive momentum – Analysis - 08-08-2022

2022-08-08 03:49:30 GMT (Economies.com)
 

The EURUSD pair moves within bullish channel that its signs appear on the chart, and the price leaned on this channel’s support line to start the attempt to rise now, accompanied by witnessing positive signals through stochastic, waiting to motivate the price to resume the bullish trend, which its main targets begin at 1.0278.

 

Therefore, the bullish trend scenario will remain valid and active unless breaking 1.0100 and holding below it.

 

The expected trading range for today is between 1.0120 support and 1.0278 resistance.

 

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The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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